RXT

Rackspace Technology is sliding in pre-market trading as investors appear to be taking profits following the stock's significant 26.3% rally during yesterday's regular session. No specific company-level news or filings have been released in the last 48 hours to account for the move, suggesting this pullback is a technical correction after the recent surge. The stock is also facing broader headwinds in the technology sector, where several infrastructure and hardware peers are seeing similar downward pressure this morning.